SMH - Options Database

SMH

VanEck Semiconductor ETF

$606.56 +1.01%

$607.90 (+0.22%)🌙

as of 09/25 06:57 PM

(9/25 16:00) ◀

Friday, September 25, 2026 (6:57pm)

▶ (9/28 10:00)

◀ 9/25 18:57 ▶

Option Volume

Detail

ℹ

Current (09/25) 318,585

Calls: 86,546 (27%)

Puts: 232,039 (73%)

Prior (09/24) 166,530

Calls: 86,081 (52%)

Puts: 80,449 (48%)

Current vs Prior +91.31%

Calls: +0.54% (Calls)

Puts: +188.43% (Puts)

Prior 7-Day Total 1,666,382

Calls: 655,179 (39%)

Puts: 1,011,203 (61%)

Prior 7-Day Average 238,054

Calls: 93,597 (39%)

Puts: 144,457 (61%)

Current vs Prior 7-Day Avg +33.83%

Calls: -7.53%

Puts: +60.63%

Sentiment BEARISH

Dollar Volume

Detail

ℹ

Current (09/25) $139.69M

Calls: $91.49M (65%)

Puts: $48.20M (35%)

Prior (09/24) $119.00M

Calls: $83.52M (70%)

Puts: $35.47M (30%)

Current vs Prior +17.39%

Calls: +9.54%

Puts: +35.87%

Prior 7-Day Total $1.23B

Calls: $800.29M (65%)

Puts: $434.00M (35%)

Prior 7-Day Average $176.33M

Calls: $114.33M (65%)

Puts: $62.00M (35%)

Current vs Prior 7-Day Avg -20.78%

Calls: -19.97%

Puts: -22.26%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (09/25) 2.68

Prior (09/24) 0.93

Current vs Prior +186.88%

Prior 7-Day Average 1.64

Current vs Prior 7-Day Avg +63.61%

Sentiment BEARISH

Open Interest

Detail

ℹ

Current (09/25) 1,176,532

Calls: 389,881 (33%)

Puts: 786,651 (67%)

Prior (09/24) 1,133,847

Calls: 379,934 (34%)

Puts: 753,913 (66%)

Current vs Prior +3.76%

Prior 7-Day Total 10,687,371

Calls: 4,041,500 (38%)

Puts: 6,645,871 (62%)

Prior 7-Day Average 1,526,767

Calls: 577,357 (38%)

Puts: 949,410 (62%)

Current vs Prior 7-Day Avg -22.94%

Sentiment BULLISH

Expected Move

Detail

ℹ

0DTE3DTEWKMO Expiry (09/25) | Next (09/28)Expiry (09/25) | Next (09/28)Expiry (09/25) | Next (10/02)Expiry (10/16) | Next (11/20)

Current 0.59% | 1.58%0.59% | 1.58%0.59% | 3.51%6.24% | 11.64%

Prior 1.66% | 2.31%1.66% | 2.31%1.66% | 4.06%6.81% | 11.92%

Current vs Prior -4.58% | -6.35%-64.54% | -31.67%-64.54% | -13.50%-8.43% | -2.36%

Prior 7-Day Avg 1.06% | 1.78%1.03% | 2.08%1.85% | 4.02%3.82% | 9.74%

Current vs 7-Day Avg +49.60% | +21.71%-43.17% | -23.93%-68.21% | -12.71%+63.27% | +19.45%

Prior 7-Day Eod 0.54% | 1.68%1.66% | 2.31%1.66% | 4.06%6.81% | 11.92%

Current vs 7-Day Eod +192.31% | +28.70%-64.54% | -31.67%-64.54% | -13.50%-8.43% | -2.36%

Sentiment BULLISHBULLISHBULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 40.81% | 37.75%

Calls: 32.73% | 44.60%

Puts: 48.89% | 30.89%

Prior 45.27% | 35.27%

Calls: 45.71% | 31.30%

Puts: 44.82% | 39.24%

Current vs Prior -9.85% | +7.03%

Prior 7-Day Avg 45.84% | 28.43%

Calls: 44.94% | 40.39%

Puts: 52.32% | 21.29%

Current vs 7-Day Avg -10.96% | +32.80%

Liquidity Expensive

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🤖 AI Insights

Moderately bullish flow with 65% call dollar volume ($91.49M). Above-average activity with volume up 91% vs prior. Extreme bearish P/C ratio of 2.68 - heavy put buying. P/C ratio rising 187% - increased hedging/bearish positioning.

Smart Money BULLISH

Retail Flow BEARISH

Overall BEARISH

Dollar Volume

Option Volume

Put/Call Ratio

Open Interest

Expected Move

Current BULLISH

Prior BULLISH

7-Day Avg BULLISH

Current BEARISH

Prior NEUTRAL

7-Day Avg NEUTRAL

Current BEARISH

Prior NEUTRAL

7-Day Avg NEUTRAL

Current BEARISH

Prior BEARISH

7-Day Avg NEUTRAL

Current BEARISH

Prior BULLISH

7-Day Avg BULLISH

📈 Options Analysis

🎯 Tightest Spreads

💰 Best Value Under $1

📊 High Delta (ITM)

🔥 High Volume

⏰ Backwardation

📈 Debit Spreads

📉 Credit Spreads

📅 Calendar Spreads

⚡ Straddles

🔀 Strangles

🦅 Iron Condors

🦋 Butterflies

⚖️ Ratio Spreads

🛡️ Covered Calls

🎯

Tightest Spreads

💰

Best Value <$1

📊

High Delta

⚖️

Ratio Spreads

🛡️

Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 163 of results (avg 6.9%, best 2.7%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$500.00	Sep 25	104.75	107.60	$106.18	2.7%	19	1.00	48
$495.00	Sep 25	109.55	112.80	$111.18	2.9%	55	1.00	16
$490.00	Sep 25	114.55	117.95	$116.25	2.9%	26	1.00	12
$492.50	Sep 25	112.05	115.45	$113.75	3.0%	21	1.00	3
$487.50	Sep 25	116.95	120.95	$118.95	3.4%	7	0.92	1

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$705.00	Oct 23	97.00	101.05	$99.03	4.1%	3	0.94	--
$650.00	Oct 30	50.10	52.80	$51.45	5.2%	6	0.73	1
$675.00	Nov 6	71.60	75.50	$73.55	5.3%	1	0.80	--
$670.00	Nov 6	67.45	71.55	$69.50	5.9%	1	0.78	--
$615.00	Oct 23	24.05	25.95	$25.00	7.6%	2	0.54	--

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 1 found (avg $0.16, cheapest $0.16)

CALLS (0)

No calls meet the criteria

PUTS (1)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$575.00	Sep 28	0.15	0.18	$0.16	18.8%	159	0.03	77

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 300 found (avg delta 0.79, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$490.00	Sep 25	114.55	117.95	$116.25	2.9%	26	1.00	12
$492.50	Sep 25	112.05	115.45	$113.75	3.0%	21	1.00	3
$495.00	Sep 25	109.55	112.80	$111.18	2.9%	55	1.00	16
$500.00	Sep 25	104.75	107.60	$106.18	2.7%	19	1.00	48
$505.00	Sep 25	99.80	103.45	$101.63	3.6%	8	1.00	--

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$640.00	Sep 28	31.60	35.45	$33.53	11.5%	2	1.00	--
$620.00	Sep 25	11.60	15.55	$13.58	29.1%	6	1.00	4
$615.00	Sep 25	7.05	10.45	$8.75	38.9%	92	0.99	--
$610.00	Sep 25	2.40	5.45	$3.93	77.6%	90	0.99	43
$640.00	Sep 25	31.55	35.55	$33.55	11.9%	2	0.96	--

Most actively traded options today. High liquidity = easy entry/exit. 1,059 active (total vol 136.5K, top 15.6K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$700.00	Oct 16	0.80	1.14	$0.97	35.1%	6.0K	0.05	15.5K
$607.50	Sep 25	0.05	0.44	$0.25	156.0%	3.2K	0.25	1.1K
$625.00	Oct 16	10.50	11.85	$11.18	12.1%	2.1K	0.36	12.8K
$640.00	Oct 16	5.95	7.60	$6.78	24.3%	2.0K	0.25	2.9K
$610.00	Sep 25	0.00	0.01	$0.01	100.0%	1.9K	0.01	2.2K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$512.50	Sep 28	0.00	0.06	$0.03	200.0%	15.6K	0.00	22
$600.00	Sep 25	0.01	0.02	$0.02	50.0%	3.6K	0.01	1.5K
$602.50	Sep 25	0.00	0.04	$0.02	200.0%	2.3K	0.03	112
$585.00	Oct 2	3.05	3.50	$3.28	13.7%	1.5K	0.21	1.3K
$587.50	Sep 29	0.39	1.64	$1.01	123.8%	1.5K	0.12	1.1K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 3 strikes (avg 298.4%, max 878.1%)

CALLS (2)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$622.50	Sep 25	Oct 30	340.2%	34.8%	878.1%	91	443
$607.50	Sep 25	Nov 6	36.3%	33.4%	8.6%	3.2K	1.1K

PUTS (1)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$607.50	Sep 25	Nov 6	36.3%	33.4%	8.6%	560	19

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 589 found (best R:R 175.47, avg 7.79)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$612.50	$615.00	Oct 30	$0.23	$2.27	$0.23	48%	9.87	$612.73
$640.00	$650.00	Oct 5	$0.19	$9.81	$0.19	13%	51.63	$640.19
$620.00	$625.00	Oct 6	$0.60	$4.40	$0.60	32%	7.33	$620.60
$637.50	$675.00	Oct 6	$1.74	$35.76	$1.74	17%	20.55	$639.24
$640.00	$650.00	Oct 7	$0.73	$9.27	$0.73	17%	12.70	$640.73

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$520.00	$490.00	Oct 1	$0.17	$29.83	$0.17	8%	175.47	$519.83
$560.00	$550.00	Oct 8	$0.12	$9.88	$0.12	12%	82.33	$559.88
$590.00	$580.00	Oct 1	$0.82	$9.18	$0.82	22%	11.20	$589.18
$585.00	$582.50	Oct 30	$0.14	$2.36	$0.14	34%	16.86	$584.86
$552.50	$535.00	Oct 6	$0.36	$17.14	$0.36	8%	47.61	$552.14

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 496 found (best R:R 0.99, avg 0.41)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$710.00	$715.00	Sep 25	$2.49	$2.49	$2.51	92%	0.99	$712.49
$660.00	$662.50	Sep 25	$2.37	$2.37	$0.13	88%	18.23	$662.37
$630.00	$632.50	Sep 29	$2.18	$2.18	$0.32	81%	6.81	$632.18
$645.00	$647.50	Sep 29	$1.95	$1.95	$0.55	86%	3.55	$646.95
$715.00	$720.00	Sep 28	$1.69	$1.69	$3.31	94%	0.51	$716.69

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$497.50	$495.00	Sep 29	$2.13	$2.13	$0.37	94%	5.76	$495.37
$507.50	$505.00	Sep 29	$1.89	$1.89	$0.61	93%	3.10	$505.61
$517.50	$515.00	Sep 28	$1.69	$1.69	$0.81	94%	2.09	$515.81
$527.50	$525.00	Sep 28	$1.60	$1.60	$0.90	94%	1.78	$525.90
$552.50	$550.00	Sep 28	$1.03	$1.03	$1.47	94%	0.70	$551.47

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 1 found (avg debit $2.65, cheapest $2.65)

CALLS (0)

No calls found

PUTS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$617.50	Oct 2	Oct 7	$2.65	30.6%	29.5%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 210 found (cheapest 0.31% of stock, avg 5.61%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$605.00	Sep 25	$1.78	$0.12	$1.90	$603.10	$606.90	0.31%
$607.50	Sep 25	$0.25	$1.78	$2.03	$605.47	$609.53	0.33%
$602.50	Sep 25	$3.76	$0.02	$3.78	$598.72	$606.28	0.62%
$610.00	Sep 25	$0.01	$3.93	$3.94	$606.06	$613.94	0.65%
$600.00	Sep 25	$6.38	$0.02	$6.40	$593.60	$606.40	1.06%
$597.50	Sep 25	$8.68	$0.02	$8.70	$588.80	$606.20	1.43%
$607.50	Sep 28	$4.13	$4.53	$8.66	$598.84	$616.16	1.43%
$615.00	Sep 25	$0.01	$8.75	$8.76	$606.24	$623.76	1.44%
$605.00	Sep 28	$5.05	$3.67	$8.72	$596.28	$613.72	1.44%
$610.00	Sep 28	$2.71	$6.20	$8.91	$601.09	$618.91	1.47%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 375 found (cheapest 0.06% of stock, avg 3.28%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$607.50	$605.00	Sep 25	$0.25	$0.12	$0.37	$604.63	$607.87
$607.50	$577.50	Sep 25	$0.25	$0.79	$1.04	$576.46	$608.54
$622.50	$605.00	Sep 25	$1.26	$0.12	$1.38	$603.62	$623.88
$627.50	$605.00	Sep 25	$1.26	$0.12	$1.38	$603.62	$628.88
$627.50	$577.50	Sep 25	$1.26	$0.79	$2.05	$575.45	$629.55
$622.50	$577.50	Sep 25	$1.26	$0.79	$2.05	$575.45	$624.55
$617.50	$595.00	Sep 28	$1.06	$1.23	$2.29	$592.71	$619.79
$617.50	$597.50	Sep 28	$1.06	$1.48	$2.54	$594.96	$620.04
$660.00	$605.00	Sep 25	$2.50	$0.12	$2.62	$602.38	$662.62
$700.00	$605.00	Sep 25	$2.50	$0.12	$2.62	$602.38	$702.62

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 619 found (best R:R 1.69, avg credit $1.32)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
575/578	710/715	Sep 25	$3.14	$1.86	84%	1.69	$574.36	$713.14
505/508	645/650	Sep 25	$2.77	$2.23	89%	1.24	$504.73	$647.77
515/518	645/650	Sep 25	$2.77	$2.23	88%	1.24	$514.73	$647.77
520/525	710/715	Sep 25	$2.70	$2.30	89%	1.17	$522.30	$712.70
495/498	640/642	Sep 29	$2.39	$0.11	87%	21.73	$495.11	$642.39
572/575	710/715	Sep 25	$2.59	$2.41	89%	1.07	$572.41	$712.59
550/552	645/650	Sep 25	$2.77	$2.23	85%	1.24	$549.73	$647.77
585/588	710/715	Sep 25	$2.61	$2.39	88%	1.09	$584.89	$712.61
525/528	638/640	Sep 28	$2.36	$0.14	85%	16.86	$525.14	$639.86
520/525	660/662	Sep 25	$2.58	$2.42	86%	1.07	$522.42	$662.58

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 348 found (best R:R 4.10, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$602.50	$605.00	$607.50	Sep 25	$0.45	$2.05	75%	4.56
$605.00	$607.50	$610.00	Sep 25	$1.29	$1.21	93%	0.94
$625.00	$630.00	$635.00	Oct 23	$0.05	$4.95	7%	99.00
$600.00	$602.50	$605.00	Sep 28	$0.09	$2.41	16%	26.78
$607.50	$610.00	$612.50	Sep 29	$0.07	$2.43	14%	34.71

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$605.00	$607.50	$610.00	Sep 25	$0.49	$2.01	83%	4.10
$607.50	$610.00	$612.50	Sep 28	$0.08	$2.42	18%	30.25
$600.00	$602.50	$605.00	Sep 25	$0.10	$2.40	15%	24.00
$620.00	$625.00	$630.00	Oct 23	$0.10	$4.90	7%	49.00
$602.50	$605.00	$607.50	Oct 1	$0.07	$2.43	9%	34.71

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 504 found (best net $-2.48, 447 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$490.00	$547.50	1:2	Oct 1	-$2.48	$55.02
$505.00	$550.00	1:2	Sep 28	-$11.42	$33.58
$562.50	$587.50	1:2	Oct 6	-$2.87	$22.13
$530.00	$562.50	1:2	Oct 7	-$15.99	$16.51
$580.00	$600.00	1:2	Oct 8	-$3.93	$16.07

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$620.00	$612.50	1:2	Sep 28	-$1.72	$5.78
$570.00	$552.50	1:2	Oct 6	-$0.40	$17.10
$620.00	$615.00	1:2	Sep 25	-$3.92	$1.08
$575.00	$560.00	1:2	Oct 7	-$0.43	$14.57
$630.00	$620.00	1:2	Sep 30	-$7.67	$2.33

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 203 found (best yield 4.54%, avg 0.98%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$607.50	Nov 6	$27.55	0.52	0.1%	4.54%	4.70%	1	--
$612.50	Nov 6	$25.05	0.49	1.0%	4.13%	5.11%	2	1
$615.00	Nov 6	$23.80	0.48	1.4%	3.92%	5.32%	4	--
$620.00	Nov 6	$21.50	0.45	2.2%	3.54%	5.76%	26	--
$625.00	Nov 6	$19.40	0.42	3.0%	3.20%	6.24%	4	--
$630.00	Nov 6	$17.35	0.40	3.9%	2.86%	6.72%	1	--
$607.50	Oct 30	$25.15	0.51	0.1%	4.15%	4.30%	4	4
$617.50	Oct 30	$20.35	0.46	1.8%	3.35%	5.16%	17	10
$610.00	Oct 30	$23.55	0.50	0.6%	3.88%	4.45%	11	202
$620.00	Oct 30	$19.25	0.44	2.2%	3.17%	5.39%	77	203

Current 5-Minute Volume Snapshots

Time (HH:MM)	Total Volume	Call Volume	Put Volume	Volume Change
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Prior's 5-Minute Volume Snapshots

Time (HH:MM)	Total Volume	Call Volume	Put Volume	Volume Change
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Current Put/Call Breakdown

Total Calls 86,546

Total Puts 232,039

Put/Call Ratio 2.68

Net Difference -145,493

Prior's Put/Call Breakdown

Total Calls 86,081

Total Puts 80,449

Put/Call Ratio 0.93

Net Difference 5,632

Prior 7-Day Put/Call Summary

Total Calls 655,179

Total Puts 1,011,203

Average Put/Call Ratio 1.64

Ratio Trend Rising

Daily Put/Call History (Last 7 Days)

Date	Calls	Puts	Ratio	Net Diff
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Upcoming Earnings - 2 Weeks Prior

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Upcoming Earnings - 1 Week Prior

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Earnings This Week

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Earnings - Day Before / Day After

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Options Activity Around Earnings

Ticker	Earnings Date	Days Away	Call Volume	Put Volume	IV Rank
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Option Volume

Dollar Volume

Put/Call Ratio

Open Interest

Expected Move

Relative Spread

🤖 AI Insights

📈 Options Analysis

Current 5-Minute Volume Snapshots

Prior's 5-Minute Volume Snapshots

Current Put/Call Breakdown

Prior's Put/Call Breakdown

Prior 7-Day Put/Call Summary

Daily Put/Call History (Last 7 Days)

Upcoming Earnings - 2 Weeks Prior

Upcoming Earnings - 1 Week Prior

Earnings This Week

Earnings - Day Before / Day After

Options Activity Around Earnings

Chart Title

Price — Past 7 Days

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